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HomeMy WebLinkAbout1999-11-17 Min - Board __. ._.... ............ _ _ _ REGULAR MEETING November 17, 1999 In accordance with District Code Section 2.08.010 the TDPUD minutes are action only minutes All Board meetings are recorded on audio tapes which are preserved perpetually and made available for listening to any interested party upon their request The regular meeting of the Board of Directors of the Truckee Donner Public Utility District was called to order at 7:06 PM in the TDPUD Board Room by President Jones. ROLL CALL: Directors Joe Aguera, Ron Hemig, Bob Jones, Jim Maass and Pat Sutton were present. EMPLOYEES PRESENT: Mary Chapman, Alan Harry, Steve Hollabaugh, Peter Holzmeister, Kathy Neus, Bob Quinn, Ed Taylor and Scott Terrell. CONSULTANTS PRESENT: Counsel Steve Gross. OTHERS PRESENT: There were no others present in the audience. PUBLIC INPUT: There was no public input. PRESENTATION OF DRAFT BUDGET FOR 2000 Manager Holzmeister reminded the Board that the draft 2000 budget has a slightly revised format due to the computer conversion. It proposes no electric rate change and a 5% water rate increase. Operations are essentially unchanged. Some capital items are not included. He reviewed with the Board major cost items and capital items in both the electric and water departments. Water capital items not included in the budget are a master plan update; Tahoe Donner pipeline replacement in 2000; Tahoe Donner pipeline replacement in future years; storage yard and maintenance facility. Opportunities for financing these items are rate increases, lease of conduit, sale of land and a new business unit. Discussion ensued and questions were answered by staff. A copy of the draft budget presentation has been attached to these minutes for reference. PRESENTATION OF DRAFT TELECOMMUNICATIONS BUSINESS PLAN The Board packet included the telecommunications business plan prepared by Marty Skeer of Navigant Consulting and District staff. A copy of the plan as well as the overhead presentation pages are attached for reference. Staff advised that the telecommunications process is on track and the business unit will succeed. It will generate substantial support for the water and electric business units. The business plan evolved to include CATV. The business plan evaluates costs and revenues of variety of services and makes a strong financial case for proceeding. The cost to create the business unit is $5.8M ($5,000,000 financed by COP and $800,000 contributed from District funds. There will be a loss for two years, then a positive cash flow ($157,000 in year three up to $2,347,000 in year 15). 11/17/99 Pagel Discussion was held and the following questions were raised. Answers will be brought back to the Board. 1. Does Telecomm work without CATV? 2. Could we do a survey of customer demand? 3. What is the cost to construct overhead where the Williams conduit is in place? Compare to use of conduit. 4. Can Telecomm profits be used to support water and electric systems? 5. What are the potential glitches in the Business Plan? 6. What is the skill set we need for Telecomm technical staff, and can we find them in Truckee? 7. Does the community want a governmental agency (TDPUD) to compete with private business (USA Media)? 8. Can the District get someone to lend us the money for Telecomm, plus that needed for water lines? 9. How can Telecomm profits be folded into electric and water revenues (capital, rates operations)? Will bonding companies look at Telecomm revenues as a positive thing? 10. Verify when TDPUD went into water business. 11. Staff has reviewed numerous District documents and has not as yet found the date on which the District entered into the business of providing water to Truckee residents. 12. Who, if anyone, has recently bought out Williams Communications? 13. Where is Navigant headquartered? 14. Report on TDPUD SCADA system — and what is our plan — does it need to be a whole new system? (reliability, productivity) MONTHLY STAFF REPORTS There were no questions regarding the staff reports. Copies are attached. ADJOURNMENT There being no further business before the Board, the meeting was adjourned At 9:50 PM. TRU,C�EE,DDNNER PUOLiiC UTILITY DISTRICT .R n Hemig, Presi gent f Prepared bye Susan M. Craig, Deputy District Clerk smc 11/17/99 Page 2